He mentioned helping clients innovate through agentic AI, trusted data infrastructure, and other technology investments. Do you see this as a positive sign of growth and future opportunities, or are you taking a wait-and-see approach?
How do you think this investment will impact employees, clients, and future hiring?
10 replies (most recent on top)
They will fire in India and Philippines to hire in Cork. If anyone thought they were adding 400 people, they don’t have many brain cells.
Hire 400 in Ireland, fire a few hundred ( or thousand ) elsewhere in the world.
@dc Corporate taxation is artificially low.
One trick OTX could do is become Irish like many other US Corporates.
Weird given that Ireland is not particularly cheap, although supposedly good tax wise for large tech companies
An actual comms from the CEO about hiring, and the shill-bots are nowhere to be seen? Jesus, these fu----s are really bad at their jobs!
@aj Well they stripped off Irish and UK team to relocate them to the Philippines and India. There's no surprise there
This expansion is less about ground-up technological innovation and more about localized compliance. European enterprises in highly regulated sectors like banking, government, and healthcare are demanding strict data residency, cyber resilience, and verifiable audit trails.
Opening a subsidized European hub allows them to spin up localized EMEA operations and support at a lower net cost, while quietly shedding more expensive legacy roles elsewhere under the banner of restructuring and optimization.
Ultimately, this looks less like an AI revolution and more like a calculated architectural and financial move. Protect the European maintenance base, leverage Irish state subsidies, and optimize operating costs.
OpenText is all talk and no action unless it’s to layoff employees. Anything else is just talk hoping some aspects somehow become true. Ask to see the PIDs, if there are none.. then this is BS. Happy road to close.
What caught my eye is the fact that he specifically mentioned 'weekend'. Maybe another way to show employees that they work on weekends like how it did it during the all hands.
Is Ireland offering corporations financial benefits for shifting work there? Ie, maybe there will be additional roles in Ireland, at the expense of roles taken away in other geos.